putting us in control of our energy future, now. ♪ nespresso. where there's a coffee to match my every mood. ♪ where just one touch creates the perfect cup. where every cappuccino and latte is made with fresh milk. ♪ and where clothing is optional. nespresso. what else? >>> the markets slide. the dow suffering its biggest one-day loss of the year, but can investors bounce back? we'll ask our guest hosts barry knapp and jason trennert. >>> the push to get a deal on debt before automatic cuts kick in the at the end of the year. >> there's not a thing a sane man would do. the doomsday machine is designed to trigger itself automatically. >> how we can rise above the partisan fighting and avoid the fiscal cliff. >> you can't fight in here. this is the war room. >>> breaking economic data. we're going to get international trade numbers and closely watched weekly jobless claims coming at 8:30 a.m. and highlights from ecb president draghi's news conference. the third hour of "squawk box" starts right now. >>> welcome back to "squawk box" here on cnb